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Client owns 50% of a rental (entered on SCH E Property Info tab). Sales info is entered on the Depr>Disp tabs. Why is return reporting 100% of sales info instead of 50%?

hada-amarilla
Level 1
 
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2 Comments 2
George4Tacks
Level 15

Because the 50% is just a convenience for the rental only, You need to enter the sale date only in the depreciation and then do the sale in the disposition screen manually. 

 


Here's wishing you many Happy Returns
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hada-amarilla
Level 1

I see. Thanks for your help!

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